Thompson claims that Facebook Auto Trader is an automated software that places trades based on information gathered from Facebook. This software allegedly can make you thousands of dollars per day.
And he also says that you can get Facebook Trader for free. So can you get rich for free?
Facebook Trader scam
The sad truth is that Thompson is just another binary options scam artist. Facebook Auto Trader is a total scam that has absolutely no real connection to the Facebook company.
Look at the picture and you will see that photos of the alleged team members have been taken from different sources on the internet, they belong to somebody else.
The Facebook and Twitter feeds are fake. You can see it by the fact that no links are clickable. All the testimonials have been fabricated.
We get a lot of feedback from real users about this trading software, so we know for sure that it is losing money in real trading.
How it really works
So what’s the point of Facebook Trader? It is very simple, in this case scammers make money by referring new depositors to affiliated and unlicensed brokers – Stern Options and Stoxmarket.
This is why they won’t activate the trading software for you until you deposit money with one of their brokers. They need to earn their commission before you discover that the software is losing and that you have been scammed.
Facebook Trader is a massive scam that abuses Facebook and binary options. The trading software is losing money, stay away from it!
The truth is that you can make money in trading, but you first need learn to trade and build a profitable strategy. You can try it on a free demo account with a regulated broker.
Forget about free binary options robots, they are all scams!